Oil & Gas Equipment & Services

Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) led the decliners among the ETFs on Wednesday, with a decline of 9.97%. DZK closed at $62.86, and it had a volume of 56K traded shares. ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO) lost 7.67% today as crude oil dropped below $95. The...

Shares of Oceaneering International, Inc. (NYSE: OII) are lower on the session by 0.93%, trading at $36.41. Overall call volume is now running at 7.17x the daily average, with 60% of all calls traded being purchases on the offer. 2,237 contracts have traded on the session so far. Oceaneering...

Shares of CARBO Ceramics Inc. (NYSE: CRR) are higher on the session by 0.04%, currently trading at $145.34. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today. A...

Dresser-Rand Group Inc. (NYSE: DRC) today confirmed that the members of the United Steelworkers Union Local 460, representing 433 workers at Dresser-Rand Company's Olean, New York facility, have ratified a new labor agreement. The contract is effective June 15, 2011, through June 14, 2014.

IHS Inc. (NYSE: IHS) is reaffirming its 2011 revenue and adjusted EBITDA guidance. The company plans to publicly reaffirm its previously announced earnings guidance in Chicago today. As announced on May 4, 2011, IHS expects all-in revenue in a range of $1.275 to $1.305 billion and all-in...

Bank of America reiterated its Buy rating on Halliburton (NYSE: HAL). At the same time, Bank of America raised its price target on the company's stock from $57 to $63 after increasing its earnings per share estimates for the next two years. In a research report published today, Bank of America...

Bank of America has raised the price objective on the Halliburton Company (NYSE: HAL) from $57 to $62 and maintains its Buy rating.

After being the worst performing area of the market in yesterday's trading session, the Oil & Gas sector is one leading the market in today's action, currently up 2.03% on the day. The best performing stocks currently in the S&P 500 Oil & Gas Sector are: 1) Tesoro (NYSE: TSO): Shares...

Here are today's put/call ratio leaders… 1. USEC Inc. (NYSE: USU) 20,822 puts, 54 calls 2. Gran Tierra Energy Inc. (NYSE: GTE) 3,200 puts, 10 calls 3. Tidewater Inc. (NYSE: TDW) 2,650 puts, 12 calls 4. Pharmacyclics Inc. (NASDAQ: PCYC) 9,769 puts, 96 calls 5. MGIC Investment Corp. (NYSE: MTG) 4,...

Ulta Salon, Cosmetics & Fragrance Inc (NASDAQ: ULTA) shares rose 1.56% to create a new 52-week high of $58.65. ULTA's trailing-twelve-month ROE is 21.23%. Oncothyreon Inc (NASDAQ: ONTY) shares gained 5.36% to create a new 52-week high of $7.47. ONTY shares have jumped 91.62% over the past 52...

Morgan Keegan reiterated its Outperform rating on Helix Energy Solutions (NYSE: HLX). At the same time, Morgan Keegan left its price target on the company's stock unchanged at $21. In a research report published today, Morgan Keegan states, "Like much of the rest of the energy sector, Helix's...

Stifel Nicolaus has raised the price target on National Oilwell Varco (NYSE: NOV) from $90 to $95 and maintains its Buy rating.

The following stocks hit new 52-week highs in Monday's trading session: 1) Greif (NYSE: GEF): Shares of Greif hit a 52-week high of $67.36 in Monday's trading session. The stock closed at $67.04. The year-to-date performance of Greif has been a gain of 9%. 2) Raptor Pharmaceutical (NASDAQ: RPTP...

I'm glad I sold off Tidewater (TDW) once I saw its deteriorating fundamentals.  Now here's another reason to shy away from inland shippers and offshore servicers for a while.   Recent flooding has poured so much silt into the Mississippi River channel that business Brahmins around N'awlins are...

ProShares Ultra Silver (ETF) (NYSE: AGQ) dropped 7.92%, and closed at $166.02. This was the second trading session in a row that AGQ closed lower. Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) fell 4.30% today as Allied Nevada Gold Corp. (AMEX: ANV) lost 5.22%, and Silver Standard Resources...